Steven Pressley held his first press conference as Coventry City manager today and immediately played down fears over the club’s future.

Pressley signed a three-and-a-half year deal just over a week after chief executive Tim Fisher warned the club could be heading for insolvency.

But as he met the local media for the first time today at the Ricoh Arena – where Coventry City are refusing to pay the rent and owe more than £1million in arrears – Pressley had a more upbeat vision for the Sky Blues.

"I can assure you that I wouldn’t be sitting here today if I wasn’t comfortable with the club’s current situation," he said.

"Of course there are challenges ahead and I’m very much aware of them, but I believe we can get through this period and then get the opportunity to truly build this football club."